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Apr 23, 2013
04/13
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. >> bill that could impose sale taxes on online purchases clear add hurdle. the senate votes 74-20 to take up the bill to give states the authority to require online retailers like amazon to collect state and local sales taxes. if support continues, the senate could pass the bill by this week. california and eight other states already have laws that require online retailers to collect taxes for internet purchases. >> netflix is coming back after house of cards. >> good morning, brace for delays if you are flying. the f.a.a. is expected to continue to keep planes on the ground in some of the busiest airports as budget cut result in a shortage of air traffic controllers. the transportation department says they are thinking of preventing enforcement of rules. >> are you hooked on netflix? they say they signed up two million news customers last quarter with the new scary series beating records. >> and xbox maker will have a new app that lets gameers purchase physical goods like anything on the pizza hut menu using the gaming console. the gameers who order with th
. >> bill that could impose sale taxes on online purchases clear add hurdle. the senate votes 74-20 to take up the bill to give states the authority to require online retailers like amazon to collect state and local sales taxes. if support continues, the senate could pass the bill by this week. california and eight other states already have laws that require online retailers to collect taxes for internet purchases. >> netflix is coming back after house of cards. >> good...
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Apr 16, 2013
04/13
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KICU
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the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of years ago, grandparents who wanted to give just a straight gift to children, for example, it was $10,000 a year. now that is up to $14,000, and that is a real boon for grandparents to sort of offload their cash. - right. and if you are married you can double that to $28,000, and if you have a child or grandchild who is married, you can double that again to $56,000. but there are a couple of exceptions that can increase it, such as if the grandparent has a child, say, in college, if he pays the college tuition directly to the school, it doesn't eat into the $14,000 exemption. - so you stil
the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of...
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Apr 24, 2013
04/13
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CNBC
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it would require ap toll pay a high tax rate for the must issuing debt would lower apple's cost of capital. apple will likely issue new bonds. what would this look like? take a look at its tech peers. has a roughly 2% yield. microsoft ten year bond has a yield. a bond issued by apple would be very well received by the street. it would also give fixed income and value investors a new way or a new place to get cash to work and we're seeing that transformation right now. apple changing from a growth to a value name. >> i'm sure they would get the highest of high ratings. thank you very much. >> what are they misunderstanding repeatedly? >> it's almost hard to understand with the stock now an epic collapse. bullishness, not too long ago abounded. last february, apple hit a $500 billion market cap. out came the calls. apple would be a $1,000 stock. talking about what they called apple's unmatched asthetics. september 2012, as apple hit that record high, the mean of the 54 analysts tracking the stock was a buy with a mean price target. of course, not everybody got it wrong. once the bubble pops
it would require ap toll pay a high tax rate for the must issuing debt would lower apple's cost of capital. apple will likely issue new bonds. what would this look like? take a look at its tech peers. has a roughly 2% yield. microsoft ten year bond has a yield. a bond issued by apple would be very well received by the street. it would also give fixed income and value investors a new way or a new place to get cash to work and we're seeing that transformation right now. apple changing from a...
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Apr 22, 2013
04/13
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KICU
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brick and mortar stores contend the tax loophole gives online stores a price advantage. the ceo of yahoo is defending her decision to end the tech company's work from home policy. the controversy sparked in february when a yahoo memo revealed marissa mayer was insisting yahoo employees would work better in the office than home. last week at a conference in los angeles, mayer told a crowd her comments were wrongly perceived as an "industry narrative." she also clarified: people are more productive when they are alone, but more innovative when they are together. the "silver state" is facing a rising unemployment rate. nevada now has the highest unemployment rate in the nation at 9.7%. nevada, california and mississippi had been tied at 9.6% in february. california and mississippi have now dropped to 9.4%. the country's lowest rate is in north dakota at 3.3%. the government is warning senior citizens to be cautious of investment scams. many seniors have their retirement savings parked in low-interest places such as treasury bonds, which are barely keeping up with the rate o
brick and mortar stores contend the tax loophole gives online stores a price advantage. the ceo of yahoo is defending her decision to end the tech company's work from home policy. the controversy sparked in february when a yahoo memo revealed marissa mayer was insisting yahoo employees would work better in the office than home. last week at a conference in los angeles, mayer told a crowd her comments were wrongly perceived as an "industry narrative." she also clarified: people are...
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Apr 24, 2013
04/13
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KCSMMHZ
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they say the pre-tax profit for fiscal 2012 likely exceeded $940 million. that's over 50% more than the previous forecast in yen terms. they estimate that the net profit was over $380 million, both figures will be records for the company. mitsubishi officials say the yen's recent weakness raised the value of for reign currencies ty bought when the yen was stronger. they say funds loaned to overseas subsidiaries did well. they are expected to announce stronger earnings reports in the coming weeks. >>> japan's finance ministry has upgraded the country's economic assessment for the first time in three quarters. ministry officials say the japanese economy has begun a moderate recovery. the chiefs of the ministries 11 regional bureaus reported local economic trends for the january to march period. eight bureaus upgraded their local economic assessments. officials from most regions reported increases in production in sectors such as autos, steels and electronics. they cited strong exports to the united states. officials also reported a rise in job offers in non-m
they say the pre-tax profit for fiscal 2012 likely exceeded $940 million. that's over 50% more than the previous forecast in yen terms. they estimate that the net profit was over $380 million, both figures will be records for the company. mitsubishi officials say the yen's recent weakness raised the value of for reign currencies ty bought when the yen was stronger. they say funds loaned to overseas subsidiaries did well. they are expected to announce stronger earnings reports in the coming...
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Apr 24, 2013
04/13
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the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce risk at banks carrying more than $500 billion in assets. under the bill, the nation's largest lenders would have to raise the amount of money on hand, known as capital standards. the bi- partisan legislation is backed by a senate democrat and republican. they say the intent is to guard against the need for a taxpayer bailout in a financial crisis. the ceo and board of directors at citigroup will face key questions from an analyst at today's shareholder meeting. mike mayo, a respected analyst at clsa, is said to have purchased shares of citigroup so he could attend today's sharholder meeting and question the leaders
the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce...
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Apr 24, 2013
04/13
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KTVU
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it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase response times. >> obviously minutes count, seconds count often and then on a fire emergency this allows a fire to get bigger. and looking at the budget it looks like the station closed unless we come up with something creative before. >> county leaders say there hands may be tied because voters rejected a partial tax measure to beef up staffing levels. final vote is expected may 14. >> police are hoping to solve a cold missing persons case with the hell f of forensic artist. he was 20 years old when he disappeared 10 years ago. he was five feet, 10 inches tall. shane was last seen in the arch stone apartment on owens drive back in september 2003. take a look, now, this is a new age progression picture drawn by forensic artist. it shows shane as he would appear now at the age of 32. shane is asked to contact police. >> in conquer, police are still look
it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase response times. >> obviously minutes count, seconds count often and then on a fire emergency this allows a fire to get bigger. and looking at the budget it looks like the station closed unless we come up with something creative before. >> county leaders say there hands may be tied because voters rejected a...
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Apr 24, 2013
04/13
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FBC
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moving op to tax reform. senator baucus will not stand for relix devoting the next 18 months in the senate, a powerful guy, chairman of the senate finance committee, pushing for tax reform, lower rates, fewer deductions. that's terrific. a shot of tax reform. your comment on that? >> well, i hope that's true. i wish him a happy and enjoyable life, created the affordable care act, but i hope he works hard on tax reform. if we get rid of the special interest deductions, those buried in the tax code, we'll have higher economic growth, more job, and a tax code that is simper and fairer for everyone in america. >> you are critical of senator baucus even though he said the other week the implementation of obamacare was a train wreck, his words. you're critical of the senator. >> well, senator baucus is the one who is largely responsible for the american people suffering under the affordable care agent right now. i mean, we're months from implementation. it really is a 0 # -- 2014-15 program, and the outrageousness
moving op to tax reform. senator baucus will not stand for relix devoting the next 18 months in the senate, a powerful guy, chairman of the senate finance committee, pushing for tax reform, lower rates, fewer deductions. that's terrific. a shot of tax reform. your comment on that? >> well, i hope that's true. i wish him a happy and enjoyable life, created the affordable care act, but i hope he works hard on tax reform. if we get rid of the special interest deductions, those buried in the...
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Apr 23, 2013
04/13
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FBC
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the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep
the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do...
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Apr 24, 2013
04/13
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CNBC
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would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts? >> let's talk with max wolf, back with us, and scott stein is senior editor with cnet.com. so max, tim cook admits that apple is a mature technology company. they're increasing the dividend, they have this massive buyback to put some of this cash to work. can we officially now declare this the end of the steve jobs era at apple? >> yeah, i think we probably can pch i think apple decided that for the foreseeable future, it was better to try to be an irresistible value play than a much more questionable growth play, although i think there's a good cha
would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts?...
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Apr 18, 2013
04/13
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FBC
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nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll finde good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than
nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere...
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Apr 24, 2013
04/13
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FBC
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those industries are likely to stay in the shadows for a significant degree, as we will not get the tax revenue. federal government will be wasting money going after users and producers, and it needs the federal government to change the policy. adam: let me ask you to two questions as we wrap up. where do you stop? the legalize heroin, amphetamines? this is the kind of argument you will hear. >> my own view is all those you mentioned for similar reasons. it does not seem to be very effective, and so we would be much better off spending that money on other things whether it is on treatment, whether it is on information or just on rebates and the taxpayer, if we are not changing people's behaviors with all of that expenditure, it is a stupid waste of money. i hope my study gets people to think about the issue but also to think about the other issues of legalization, what about the personal liberty argument, why should the government interfere with what individuals are doing even if it is harmful to themselves if they are not harming other people and most are not harming other people, it i
those industries are likely to stay in the shadows for a significant degree, as we will not get the tax revenue. federal government will be wasting money going after users and producers, and it needs the federal government to change the policy. adam: let me ask you to two questions as we wrap up. where do you stop? the legalize heroin, amphetamines? this is the kind of argument you will hear. >> my own view is all those you mentioned for similar reasons. it does not seem to be very...
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Apr 23, 2013
04/13
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KTVU
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and neal haze being filmed in louisiana, tax credits there make filming less expensive. when the game stands tall is due out next fall. >>> let's check in with sal, how is the commute? >> you know it is actually all right but let's start with the bay bridge, that is backed up for a 20 to 35 minute delay which is the norm and no accidents on the bridge. this is a look in san francisco and that traffic looks pretty good if you are driving through and on the peninsular southbound to 182, it is a 20 minute drive. here is steve. >>> it is really cool and foggy for some warm for others, big differences for many, 50s and 60s closer to coast and bay. >>> coming up on mornings on 2 we have been on since 4:30 this morning, gunfire led to an all night standoff with s.w.a.t. , it just ended moments ago. >>> and a one word answer the surviving bombing suspect gave to investigators, stay with us.
and neal haze being filmed in louisiana, tax credits there make filming less expensive. when the game stands tall is due out next fall. >>> let's check in with sal, how is the commute? >> you know it is actually all right but let's start with the bay bridge, that is backed up for a 20 to 35 minute delay which is the norm and no accidents on the bridge. this is a look in san francisco and that traffic looks pretty good if you are driving through and on the peninsular southbound to...
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Apr 22, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi wants to speak with his wife's older brother -- i'm sorry, with his older brother who was killed in the shoot-out thursday night. dr. collins is here, head of north american maple croft. welcome. so, look, first of all, how complicating will this be for the investigation if they're unable to get him to speak? it sounds as though he's beginning to write. >> yes. thanks for having me on this morning. it's important in the beginning context and for this instance. so this is the first islamist attack on the united states since 9/11. in 2006, we had the liquid bomb plot that was foiled. and there's the underwear
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi...
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Apr 24, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reducing waiting time. now a waiting room is just a room. [ telephone ringing ] [ static warbles ] [ beeping ] red or blue? ♪ >>> welcome back to the program. barclays just reported a drop in first quarter profit fell shy of estimates and was hit by the new restructuring plan. the bank took charges of 500 million pounds during the period related to plans to scale back the banking portfolio. barclays shares are up 1.5% on a day when most european stocks are higher. credit su
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients...
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Apr 24, 2013
04/13
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FBC
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there is 10,000 different tax enties or and taxing units within this country. how do the small business figure out to comply with a law they might have to send sales tax revenue to chief lapped, cuyahoga county, state of ohio? it sounds incredibly complicated and incredibly expensive for that business? >> that talking point comes out of 1992 supreme court decision points out complexity with dealing with all the different tax jurisdictions. in 20th century there is app for that. we think technology can solve most of the problems efficiently and quickly. most online marketplaces like ebay already serve to collect sales tax from their local small, their small sellers online. adam: but ebay is ale opposed to legislation. they want the cap raised to $10 million in sales annually. i'm curious. anyone ever said how much it would cost a business, let's say around 900,000 in revenue to comply or buy the app or get software that would allow them to be compliant? >> most recent study i saw from 2006. technology is solving those problems and we don't think the cost numbers
there is 10,000 different tax enties or and taxing units within this country. how do the small business figure out to comply with a law they might have to send sales tax revenue to chief lapped, cuyahoga county, state of ohio? it sounds incredibly complicated and incredibly expensive for that business? >> that talking point comes out of 1992 supreme court decision points out complexity with dealing with all the different tax jurisdictions. in 20th century there is app for that. we think...
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Apr 23, 2013
04/13
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FOXNEWSW
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we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very open process, so a few ways to improve the bill offer an amendment in may and let's vote on it. i say that particularly to those who are pointing to what happened, the terrible tragedy in boston as i would say an excuse for not doing a bill or delaying it many months or years. >> i never said that. >> i didn't say you did. >> i never said that. >> i didn't say you did, sir. i didn't say you did. i don't mean you mr. grassley. >> chairman i don't appreciate you demeaning the witnesses that are coming here. martha: tempers flaring at that hearing. i'm joined by bob b
we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very...
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Apr 22, 2013
04/13
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CNBC
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go back and look at my taxes. i do pay. >> scoff law. >> you're a total liar. go back and look at my taxes. >> the irs have already audited me twice in the last 12 years. >> by the end of the show he will have a problem with the faa and the irs. are you sure you want to co-op it going? >> right. >> sec is next. >> right. >> the suspect in last week's boston marathon bombings now responding thankfully to investigators's questions making a dramatic turn for law enforcement officials definitely trying to piece together what was behind the attack and answer the all important question of why. scott cohn is in boston and the latest on the investigation. scott, it looks like the suspect cannot speak because of a gunshot wound to the neck, which sounds like, according to various reports, was likely self inflicted. >> that's right, brian. we're hearing that most of those responses from dzhokhar tsarnaev are in writing. it could be this morning we see the formal criminal charges. and the fact that they took time to put this
go back and look at my taxes. i do pay. >> scoff law. >> you're a total liar. go back and look at my taxes. >> the irs have already audited me twice in the last 12 years. >> by the end of the show he will have a problem with the faa and the irs. are you sure you want to co-op it going? >> right. >> sec is next. >> right. >> the suspect in last week's boston marathon bombings now responding thankfully to investigators's questions making a dramatic...
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Apr 24, 2013
04/13
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KTVU
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eye 138
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they believe the white house has an agenda to convince americans a tax increase is needed. >> trying to convince the american people, that there are no circumstances under which we can ever cut spending at all. >> reporter: we are expecting to hear reaction from the faa administrator. he is expected to talk at a hearing in just 45 minutes. live in washington, kyla campbell ktvu channel 2 news. >>> new this morning, dozens of people have been killed after a garment factory building collapsed in bangladesh. hundreds of people are injured. the collapse comes five months after a fire at another garment factory killed 112 workers. employees who survived the collapse today, say that a crack in the building was detected yesterday but that they were still told to report to work. >>> in hawaii that a violent clash between authorities in what the government calls a terrorist gang left 21 people dead. that happened in a northwest region of the country. 15 police officers and local government officials are among those killed in the violence. according to the chinese gang -- a local activist from
they believe the white house has an agenda to convince americans a tax increase is needed. >> trying to convince the american people, that there are no circumstances under which we can ever cut spending at all. >> reporter: we are expecting to hear reaction from the faa administrator. he is expected to talk at a hearing in just 45 minutes. live in washington, kyla campbell ktvu channel 2 news. >>> new this morning, dozens of people have been killed after a garment factory...
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Apr 18, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond space. when it comes to the ten-year rates, we're also seeing a similar story with the one exception of germany. so generally speaking, risk sentiment doing okay this morning. yields falling to 4.65%. 4.23% respectively. we've been sittin
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in...
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Apr 23, 2013
04/13
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he's working on a tax reform bill. not that i think it's going to come to fruition, but he has that kind of access and power. and so i think, you know, for republicans you in theory always like to have of an open seat because incumbents, in theory, are harder to beat. but i think once they're going to to be the underdog in this race. unless the president's poll numbers next year look something similar to 2010 where people had just really soured on his leadership. jon: max baucus was one of the five democrats that voted against the gun control legislation that recently did not make it out of the u.s. senate, much to the president's displeasure. david drucker from "roll call," thank you. >> thanks a lot. jenna: talking about the political implications there with all the different reports of terror attacks over the last several days. one of the things that's come up is whether or not it's going to impact the debate on immigration. today a senate committee heard from homeland chief janet napolitano on reform legislation, a
he's working on a tax reform bill. not that i think it's going to come to fruition, but he has that kind of access and power. and so i think, you know, for republicans you in theory always like to have of an open seat because incumbents, in theory, are harder to beat. but i think once they're going to to be the underdog in this race. unless the president's poll numbers next year look something similar to 2010 where people had just really soured on his leadership. jon: max baucus was one of the...
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Apr 23, 2013
04/13
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we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're making great progress. automotive. in china, builds were up 12% year over year. in other areas that are infrastructure related, they have been lagging 6% to 9%. things about transformers or motors or generators. we see a lot of indication that's starting to loosen up and improve. >> i'm a nascar fan. i'm a jeff gordon fan. he's my favorite driver. i'm starting to see your name a little bit less on the 24 car. which makes me think automotive paint not where you need to be. i'm surprised by that given the automotive industry has done so well. w
we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're...
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110
Apr 24, 2013
04/13
by
FBC
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jimmy fallon, new york loves you so much you get a $20 million tax break. hollywood reporters says the tonight show gets a break when it passes from leno to fallon and taping moves to new york from l.a. in 2014 to help profits down below 40 million a year, down from 150 million a few years ago. cheryl? cheryl: oil is on the rise crossing the $90 mark. sandra smith is in the pits of the cme a watching contracts and more. sandra? >> hey, cheryl. it's been a huge couple weeks for commodities. volatility and volume as well. looking at the crude oil contract, back above $90 a barrel, and the most active front month contracts above $91 a barrel. nearly a $2 gain on the session. there's a couch l things at -- couple things at work. ubs, royal bank of scotland, they are increasing speculation in the marketplace that the european central bank is goong to cut its key interest rate to a record low. you have speculators buying up crude oil based on those reports, but you also got some fundamentals kicking in here. you got a report out from the government this morning s
jimmy fallon, new york loves you so much you get a $20 million tax break. hollywood reporters says the tonight show gets a break when it passes from leno to fallon and taping moves to new york from l.a. in 2014 to help profits down below 40 million a year, down from 150 million a few years ago. cheryl? cheryl: oil is on the rise crossing the $90 mark. sandra smith is in the pits of the cme a watching contracts and more. sandra? >> hey, cheryl. it's been a huge couple weeks for...
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105
Apr 23, 2013
04/13
by
KTVU
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they are against a plan on connecting sales tax on internet purchases. ebay says this tax could hurt small businesses. the senate overwhelmingly agreed to start to debate this year. the proposal exempts online retailers with less than a million dollars in sales a year. >>> there's a new sign the housing market is getting stronger. the commerce department says of new single family homes rose 1.5% in march. march sales jumped 18.5% higher than during march last year. the national average price fell 7% from february to march. >>> the mare construction industry is see -- the bay area construction industry is seeing more jobs. nearly 14,000 jobs were added to the bay area economy last year. that's the most since the start of the recession. this expanded the total numbers of jobs by 10-point -- by 10% 5%. >>> we're hearing reports of flight delays because of furloughs. it started sunday. yesterday there were reports of delays at east coast airports. and up to three hours in los angeles, at l.a.x. we've learned san francisco has 38 controllers and three to four will be furloughed each day.
they are against a plan on connecting sales tax on internet purchases. ebay says this tax could hurt small businesses. the senate overwhelmingly agreed to start to debate this year. the proposal exempts online retailers with less than a million dollars in sales a year. >>> there's a new sign the housing market is getting stronger. the commerce department says of new single family homes rose 1.5% in march. march sales jumped 18.5% higher than during march last year. the national average...
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1.2K
Apr 19, 2013
04/13
by
FBC
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increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what you're say, second q
increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the...
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182
Apr 24, 2013
04/13
by
CNBC
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doing a lot taxes the creative side of it. so monday night, just two nights ago, we premiered you mentioned it on sundance, a series called rectify, which is from the producers of "breaking bad." >> i am told -- this is -- the edge, the bleeding edge, this is going to be the next big -- >> "the killing" season three is coming back. >> have you seen "the killing"? >> i haven't. i want to ask about netflix and thinking about "house of cards" and this idea of binge viewing. people binge view -- >> i've binged. >> on "breaking bad" or "walking dead." >> i dvred the entire season. the whole thing and watched that if three days. >> i think the model of releasing an entire series at once makes sense because like "house of cards" had a lot of buzz, but people didn't have the same shared experience on monday morning when we can all talk about it. >> so we just with "rectify," which we talked about monday night, we actually put it on demand, two episodes before it went on to premiere so people could mini binge. we actually put it in 16
doing a lot taxes the creative side of it. so monday night, just two nights ago, we premiered you mentioned it on sundance, a series called rectify, which is from the producers of "breaking bad." >> i am told -- this is -- the edge, the bleeding edge, this is going to be the next big -- >> "the killing" season three is coming back. >> have you seen "the killing"? >> i haven't. i want to ask about netflix and thinking about "house of...
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148
Apr 19, 2013
04/13
by
CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you could take your explorer for service, why do you bring it back to the ford dealership? they specifically work on fords. it seems to me like the best care. and it's equal or less money, so it's a value for me. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. who doesn't enjoy value? at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. the east coast this morning and that means we are getting clo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you...
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92
Apr 23, 2013
04/13
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KPIX
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the board decided to close the four stations last year after a $75 per year parcel tax failed to pass the november ballot. >>> yesterday should have been a holiday here in the bay area. today not too far behind, right, weather-wise? >> not the banner beach day that we had yesterday but i think around the rest of the bay area the weather is going to be spectacular again. just a little bit cooler outside. fog' coastline. the winds are kicking up in spots. look at our mount vaca cam shaking in the winds this morning. we have seen gusts over 20 and 30 miles per hour inland add there is a wind advisory in some of the valleys, as well. here it is. into the delta the carquinez strait wind advisory until 2 p.m. could see some of those gusts as high as 40 miles per hour. but it is still going to be a beautiful day in most spots. the temperatures where we get those winds have warmed up even 65 degrees now in san francisco. 66 in vallejo. and 66 already in santa rosa. by the afternoon, we are back up tothe mid-80s in spots inland. 70s and 80s around the bay and 60s with patchy fog at the coastli
the board decided to close the four stations last year after a $75 per year parcel tax failed to pass the november ballot. >>> yesterday should have been a holiday here in the bay area. today not too far behind, right, weather-wise? >> not the banner beach day that we had yesterday but i think around the rest of the bay area the weather is going to be spectacular again. just a little bit cooler outside. fog' coastline. the winds are kicking up in spots. look at our mount vaca cam...
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274
Apr 22, 2013
04/13
by
KRON
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. >> investigators and taxes have not determined a cause of the explosion that killed 14 people including 10 first responders and a fertilizer plant in west texas. investigators say they pinpointed where the blast originated. the mpeg damaged or destroyed dozens of homes and businesses leaving hundreds of people homeless and in need of help. authorities have also released 91 tapes that captured the initial panic after the fire and massive blast. >> there was some type of explosion and our house, all of the windows are completely blocked and. the walls, part of it is blown off. >>, down and take a deep breath. we are aware of the situation and we are sending people out there as soon as we can. >> city leaders allowed some residents to return to their homes are the weekend but they still face strict curfews. fire officials will hold a memorial service at baylor university on thursday and honor of the volunteer firefighters who died. >> the boy scouts of america are proposing to partially lift its longtime ban on homosexuals. this proposal comes after weeks of private deliberation between th
. >> investigators and taxes have not determined a cause of the explosion that killed 14 people including 10 first responders and a fertilizer plant in west texas. investigators say they pinpointed where the blast originated. the mpeg damaged or destroyed dozens of homes and businesses leaving hundreds of people homeless and in need of help. authorities have also released 91 tapes that captured the initial panic after the fire and massive blast. >> there was some type of explosion...
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195
Apr 24, 2013
04/13
by
CNBC
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eye 195
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would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries with high ratings so perhaps if apple goes forward with issuing a bond it may be well received by the street. >> a lot of people discussing if you don't like the stock if you would go ahead and buy an apple bond. seema, thank you. and whirlpool is falling today after first quarter sales did disappoint the street. we'll get the ceo's reaction to the numbers when jeff fetting joins us after the break. >> hey, rick. >> absolutely. we're going to hit it from another angle. we're going to talk to an expert. joe will be coming up in about ten minute
would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries...